Daewoo Motors Sales Corp. (DWMS) started in 1993, as the first company in Korea specializing in automobile sales. DWMS is currently well-poised with a diverse source of profits including automobile sales, construction and new-entered financing businesses, all of which will provide a firm foundation for growth.
In addition to its portfolio of automobiles which includes the GM Daewoo, Daewoo Bus, Tata Daewoo Commercial Vehicle and GM Korea(Cadillac/Saab) brands, DWMS sells other imported automobiles such as Volkswagen and Audi through its subsidiaries on the basis of competitive nationwide sales network. The company also provides maintenance services for its customers, and is engaged in other related business operations such as the local distribution and exports of used cars.
The construction arm of the company boasts the distinguished ‘iaan’ apartment brand, and its success has catapulted the company into architecture works, industrial plants, civil engineering and environmental facilities businesses, allowing it become one of leading companies in the construction industry. Additionally, DWMS has met both International Quality Management System and Environmental Management System licensing requirements, in a hearty effort to align itself with global standards and customer-focused management.
The company will strengthen the competitive position of its automobile sales and construction divisions, and will aggressively promote business diversification in the valuable areas of financing, real estate development, logistics and insurance segments. These will create new synergies to set the path for substantial growth.